Bailout Money

What U.S. Bailout Money Could Do For The Rest Of The World

Huffington Post | Victoria Fine | Posted 11.09.2009 | Impact


Ever wonder how all that money spent on government bailouts of U.S. companies and banks could have been spent differently? The Business Insider did. O...

U.S. Sees A Profit As Big Banks Repay Bailout Money

AP | ZACHERY KOUWE | Posted 09.30.2009 | Business


WASHINGTON — The U.S. government has hauled in about $4 billion in profits from large banks that have repaid their obligations from last year's ...

U.S. Chamber of Commerce: Betting Against the American Middle Class

Leo W. Gerard | Posted 06.26.2009 | Business


Leo W. Gerard

Unionization is how the middle class re-emerges. America could do without a few filthy-rich boys lolling on yachts in the Mediterranean.

A Guide: Where The Bailout Money Has Gone And Where It Came From

Christian Science Monitor | Mark Trumbull | Posted 05.30.2009 | Business


It's enough to boggle the mind. If all goes well, it'll be enough to help the economy recover. The US government has deployed more than $3 trillion...

No Hoax: Pass Employee Free Choice Act to Revive Economy

Leo W. Gerard | Posted 05.14.2009 | Politics


Leo W. Gerard

Workers must vanquish the new hoax being perpetrated by conservatives, greedy CEOs and other labor union-haters. Workers must win the freedom that they had in 1935 to choose how to form their unions.

Obama Admin Aiming To Help Firms Sidestep Bailout Rules

Washington Post | Amit R. Paley and David Cho | Posted 05.04.2009 | Business


The Obama administration is engineering new bailout initiatives in a way that it believes will allow firms benefiting from the programs to avoid restr...

Edward Liddy, Come Back to Earth

Rep. Elijah Cummings | Posted 04.02.2009 | Business


Rep. Elijah Cummings

There are still too many unanswered questions about how AIG spent its first portion of TARP assistance. We cannot allow the pattern of deception by this company to continue.

Northern Trust Seeks To Repay Bailout Money After Flap Over Lavish Parties

AP | RUPA SHENOY | Posted 03.30.2009 | Business


CHICAGO — Responding to lawmakers who chastised the company for its lavish sponsorship of parties and concerts at a professional golf tournament...

Auditors: We May Never Know If Bank Bailout Worked

AP | DANIEL WAGNER | Posted 03.02.2009 | Politics


WASHINGTON — We may never know whether the government's $700 billion bailout of the financial industry worked, according to a new report from co...

Firms That Got Bailout Money Continue Lobbying

New York Times | DAVID D. KIRKPATRICK and CHARLIE SAVAGE | Posted 02.23.2009 | Business


The financial giant Bank of America says it is no longer lobbying the federal government about its unfolding bank bailout. After receiving $45 billion...

Bank Of America Gets Additional $20 Billion In Aid From Treasury

AP | IEVA M. AUGSTUMS | Posted 02.15.2009 | Business


CHARLOTTE, N.C. — Ken Lewis bought himself some time. The question is whether the chief executive of Bank of America Corp. can pull off the big...

Property Developers Want Bailout Money

CNBC | Posted 01.22.2009 | Business


Some of the biggest U.S. property developers are asking for government money in the face of $160 billion in maturing commercial mortgages next year, t...

You Morons, What Have You Done With Our Money?

Gail Vida Hamburg | Posted 01.22.2009 | Business


Gail Vida Hamburg

Was it too much to ask Congress to examine this government intervention in the free market critically before authorizing the transfer of US taxpayer dollars to benefit the banking sector?

Congress To Force Bush, Obama To Use Remaining Bailout Money To Aid Homeowners Facing Foreclosure

Bloomberg | Alison Vekshin | Posted 01.21.2009 | Politics


Congress will use the remaining $350 billion in a U.S. bank-rescue package to force the Bush administration and President-elect Barack Obama into prov...

Bush May Ask Congress To Tap The Remaining Bailout Money Next Week

AP | DAVID ESPO | Posted 01.06.2009 | Politics


WASHINGTON — The Bush administration is considering telling Congress as early as next week that it wants to tap the unused $350 billion of the f...

Paulson Debating Whether To Ask For Second Installment Of Bailout

Wall Street Journal | DEBORAH SOLOMON and MICHAEL R. CRITTENDEN | Posted 01.02.2009 | Business


U.S. Treasury Secretary Henry Paulson is debating whether to ask Congress for the second installment of the $700 billion bailout package, concerned ab...

Companies start competing for bailout money

AP | MARTIN CRUTSINGER | Posted 11.26.2008 | Business


WASHINGTON — The bailout is now the hottest lobbying game in town. Insurers, automakers and American subsidiaries of foreign banks all want the...

Treasury Blacks Out Key Parts of Private Bailout Contracts

David Sirota | Posted 11.19.2008 | Politics


David Sirota

Our government is blacking out the parts of public contracts that explain how much taxpayer cash private contractors are going to be paid. Perhaps this is what Paulson meant when he promised transparency.